156 Rideout Avenue
Description
Very Nice, well maintained 4 unit on a 3rd of an acre lot with 2 car parking for all the units. Also a nice laundry area with washer and dryer hookups for all the units and decent sized storage areas as well, plus a room for all the mechanicals including duel oil tanks and some storage/work area for the owner. The units have a great layout, you walk into the living room, then a good size kitchen with great cabinet and counter space, nice appliances, including a microwave and...Excellent Opportunity:
Very Nice, well maintained 4 unit on a 3rd of an acre lot with 2 car parking for all the units. Also a nice laundry area with washer and dryer hookups for all the units and decent sized storage areas as well, plus a room for all the mechanicals including duel oil tanks and some storage/work area for the owner. The units have a great layout, you walk into the living room, then a good size kitchen with great cabinet and counter space, nice appliances, including a microwave and dishwasher, then a short hallway with a nice full bathroom, then 2 good sized bedrooms, both with large closets and numerous outlets. Another nice plus is the large porches that provide each unit with a good space for the summer months. Unit 1 and unit 2 both have had full cosmetic renovations including new flooring, new paint, numerous repairs/upgrades, and some new appliances within the last 8 to 13 months,. Unit 4 also went through the same process a few years ago and that unit also has some hardwood floors, Unit 2 is the only one that has not been done. There are 4 newer water heaters, 3 of them have been replaced within the last 4 to 13 months, and the other one few years ago. Had a fire inspection about 6 months ago by the Lewiston Fire Department the property is 100 % up to code per the department. Lastly, there is still some upside potential with some of the units, especially with # 2, it is a turn key property/investment.
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Property Details for 156 Rideout Avenue
Location
Sold By Maine Real Estate Experts
Building Information for 156 Rideout Avenue
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$2,886 per month
30 year fixed, 6.55% Interest
$2,501
$385
$0
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1Property Information for 156 Rideout Avenue
- Water View: No
- Location: Near Turnpike/Interstate, Near Town, Neighborhood
- Page: 137
- Directions: Main St to Sabattus St (Rt 126) keep going until you see a Hannaford on the left from there it's approx. 1 mile to Rideout it's on the right and there is a day care on the corner, follow down to where the road turns the house is on the left.
- Latitude: 44.094993
- Longitude: -$70.17
- Transportation: Major Road Access
- Association: No
- Parcel Number: LEWI-000092-000000-000101
- Tax Lot: 8
- Tax Book Number: 6828
- Tax Map Number: 92
- Tax Year: 2024
- Tax Annual Amount: $4,623.00
- Parking Features: 5 - 10 Spaces, Concrete, On Site
- Parking: 5 - 10 Spaces, On Site
- Vehicle Storage: No Vehicle Storage
- Has Attached Garage: No
- Has Garage: No
- Lot Features: Open, Near Turnpike/Interstate, Near Town, Neighborhood
- Lot Size Acres: 0.31
- Lot Size Area: 0.31
- Lot Size Source: Public Records
- Lot Size Square Feet: 13503.6
- Lot Size Units: Acres
- 2 Detached Houses on 1 Lot: false
- Roads: Public
- Road Frontage: true
- Road Frontage: 120.0
- Source of Road Frontage: Public Records
- SqFt Source: Measured
- Tree Growth: false
- Site: Open
- Above Grade Finished Area: 3200.0
- Building Area Total: 3200.0
- Property Type: Multi-Family
- Deed: All
- Deed/Conveyance Type Offered: Warranty
- Surveyed: Yes
- Restrictions: No Dogs Allowed
- Construction: Wood Frame
- Year Built: 1987
- Levels: Multi-Level
- Levels: Multi-Level
- Foundation Details: Concrete Perimeter
- Foundation Materials: Poured Concrete
- Construction Materials: Vinyl Siding, Wood Frame
- Color: Gray
- Stories: 2
- List Price/SqFt: $149.69
- Energy Efficiency: Ceiling Fans
- Green Energy Efficient: Ceiling Fans
- Heat Fuel: Oil
- # Heating Units: 1
- # Water Heaters: 4
- Electric: Circuit Breakers
- Gas: No Gas
- Sewer: Public Sewer
- Water Source: Public
- Water Heater: Electric, Tank
- Utilities: Utilities On
- Utilities On: Yes
- Exterior: Vinyl Siding
- Roof: Pitched, Shingle
- Window Features: Double Pane Windows
- Window Features: Double Pane Windows
- Driveway: Concrete
- Amenities: Laundry - Hookup
- Bathrooms Full: 4
- Bathrooms Total Decimal: 4.0
- Bathrooms Total Integer: 4
- Equipment: Internet Access Available
- Laundry Features: Washer Hookup
- Other Equipment: Internet Access Available
- Basement: Interior, Full, Sump Pump, Unfinished
- Basement: Full, Sump Pump, Unfinished
- Patio And Porch Features: Porch
- Has Cooling: No
- Heating: Hot Water, Baseboard
- Has Heating: Yes
- Flooring: Wood, Vinyl, Laminate
- Laundry Room Amenities: Washer Hookup
- # of 2 BD Units: 4
- Number Of Units Total: 4
- Gross Income: $50,125.00
- Operating Expense: $21,000.00
- Land Lease: No
- Pets Allowed: No Dogs Allowed
- Occupant Type: No
Property History for 156 Rideout Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 1, 2025 | Sold (Public Record) Public Record #1908643485 | $492,000 | — |
| Aug 1, 2025 | Sold Maine Listings #1626336 | $492,000 | — |
| Jun 24, 2025 | Pending Maine Listings #1626336 | — | |
| Jun 10, 2025 | Listed (Active) Maine Listings #1626336 | $479,000 | — |
| Jul 7, 2006 | Sold Maine Listings #796758 | $230,000 | — |
| Jun 2, 2006 | Pending Maine Listings #796758 | — | |
| May 31, 2006 | Active Under Contract Maine Listings #796758 | — | |
| May 15, 2006 | Listed (Active) Maine Listings #796758 | $240,000 | — |
| Jan 10, 2002 | Expired Maine Listings #477335 | $120,000 | — |
| Jan 10, 2001 | Listed (Active) Maine Listings #477335 | $120,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/01/2025 | Sold (Public Record) Public Record #1908643485 | $492,000 |
| 08/01/2025 | Sold Maine Listings #1626336 | $492,000 |
| 06/24/2025 | Pending Maine Listings #1626336 | — |
| 06/10/2025 | Listed (Active) Maine Listings #1626336 | $479,000 |
| 07/07/2006 | Sold Maine Listings #796758 | $230,000 |
| 06/02/2006 | Pending Maine Listings #796758 | — |
| 05/31/2006 | Active Under Contract Maine Listings #796758 | — |
| 05/15/2006 | Listed (Active) Maine Listings #796758 | $240,000 |
| 01/10/2002 | Expired Maine Listings #477335 | $120,000 |
| 01/10/2001 | Listed (Active) Maine Listings #477335 | $120,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 156 Rideout Avenue
Schools near 156 Rideout Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Thomas J McMahon Elementary School PublicPK to 6 | ||
Montello School PublicPK to 6 | ||
Lewiston Middle School Public7 to 8 | ||
Lewiston High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 04240
$389,900
- Unavailable
- Bedrooms
- 4
- Bathrooms
- 3,160
- Square Feet
- 0.18
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 156 Rideout Avenue, Lewiston, ME 04240 | $492,000 | – | 4 | 3,200 | 13,503 |
– | – | – | 6,528 | 24,394 | |
– | 3 | 2 | 1,120 | 16,117 | |
– | – | 2 | 1,180 | 9,148 | |
– | – | – | 6,528 | 43,124 | |
$215,000 | 2 | 1 | 1,032 | 9,583 | |
– | 4 | 1 | 960 | 9,148 | |
$350,000 | 3 | 2 | 2,048 | 21,344 | |
– | 2 | 1 | 1,142 | 9,148 | |
– | – | – | 39,168 | 235,224 | |
– | 3 | 1 | 1,008 | 9,583 | |
– | – | – | 6,528 | 21,780 | |
$229,400 | 3 | 1.5 | 1,008 | 9,148 | |
$94,500 | 4 | 2 | 1,872 | 12,632 | |
– | – | – | – | 17,424 | |
$222,000 | 3 | 3 | 1,521 | 9,583 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
